Tuesday, July 13, 2010
PwC urges IASB to further slow convergence timetable
Convergence timetable "not sufficient" according to Big Four auditor
PwC has urged the International Accounting Standards Board to slow it’s “aggressive” convergence timeline.
The Big Four auditor has weighed into the accounting debate with a call for restraint as the IASB and its US counterpart, the Financial Accounting Standards Board, move towards a June 2011 deadline to converge the bulk of US and International accounting rules.
See full Article.